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fiscal issues. >> we're just here to support doing the right thing, putting america back to work. >> we don't legislate but we know a lot about what the consequences are of a failure to reach an agreement. >> only way democracy works is through compromise at the end of the day. i know no other way. >> i'm optimistic we can continue to work together to avert this crisis. >> our ultimate goal is an agreement that gets our long term deficit under control in a way that's fair and balanced. >> a reversal of fortune on wall street as stocks trade on fiscal cliff comments from president obama and john boehner. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. the white house has to get serious. >> republicans know where we stand. we've said it, we've said it, we've said it so many times. >> i think all of us today are confident we can reach a bipartisan agreement by christmastime. >> according to congressional republican aides who have talked to the "wall street journal," they say they have obtained a copy of the white house
fiscal issues. >> we're just here to support doing the right thing, putting america back to work. >> we don't legislate but we know a lot about what the consequences are of a failure to reach an agreement. >> only way democracy works is through compromise at the end of the day. i know no other way. >> i'm optimistic we can continue to work together to avert this crisis. >> our ultimate goal is an agreement that gets our long term deficit under control in a way...
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Nov 29, 2012
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in fact, president obama never even mentioned the word spending. the one thing we do know, your taxes are going up from an obama care tax attack. no matter what happens on the fiscal cliff. and is another bailout nation on the way? student loans up to $1 trillion, huge delinquency rates, default rates going sky high, no credit standards and sky high tuition. sound likes a real bad story to me. ceos have just wrapped up their meeting with president obama about the fiscal cliff and minutes ago john harwood landed a big fish. goldman sachs ceo lloyd blank finefein. >> the highlight of the meeting was the intensity from which the white house emphasized that marge al rates as a matter of math and politics have to go up somewhat, if not all the way to 31.6 had to go up and as p he said as a necessary ingredient of a deal, he would support such a rate. >> the president said we would pursue our own interests. i'm not -- i'm certainly not insisting, i don't even desire higher rates. i think there lab drag if revenue goes up and rates go up. but i think ther
in fact, president obama never even mentioned the word spending. the one thing we do know, your taxes are going up from an obama care tax attack. no matter what happens on the fiscal cliff. and is another bailout nation on the way? student loans up to $1 trillion, huge delinquency rates, default rates going sky high, no credit standards and sky high tuition. sound likes a real bad story to me. ceos have just wrapped up their meeting with president obama about the fiscal cliff and minutes ago...
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Dec 3, 2012
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. >>> happening right now as we speak, president obama is fielding twitter questions about the fiscal cliff. jackie deangelis is monitoring it for us. >> that's exactly right, mandy. as a matter of fact that session is now under way. it is part of the white house's my 2k twitter campaign. that refers to the more than $2,000 in extra taxes that the average american family is going to experience before the end of the year if we don't seem to find some compromise. so today the president is using twitter to interact with americans, no doubt to gain some support for his plan that would allow those cuts to extend of course with the exception for the wealthiest americans. earlier in the day president obama tweeted about this himself. he used the white house twitter account and said it's good to see a lot of folks on twitter speaking about extending the middle class tax cuts and that he'd be answering questions on the cliff at 2:00 p.m. of course we'll be monitoring that very closely and bring you the best interactions that we find. if you want to send a question to the president, all you hav
. >>> happening right now as we speak, president obama is fielding twitter questions about the fiscal cliff. jackie deangelis is monitoring it for us. >> that's exactly right, mandy. as a matter of fact that session is now under way. it is part of the white house's my 2k twitter campaign. that refers to the more than $2,000 in extra taxes that the average american family is going to experience before the end of the year if we don't seem to find some compromise. so today the...
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right now. there's no point in blasting obama. just a counter offer. i want to read from today's newspaper. this is what mitch mcconnell said. "higher medicare premiums for the wealthy, an increase in the medicare eligibility age, and a slowing of costs of living increases for programs like social security. and then republicans would agree to include more tax revenue in the deal but not from higher tax rates." now, let's just look at this for a second. we'll go to you first, nan. he wants medicare eligibility, he wants medicaid reforms, he wants spending cuts. then he'll talk revenues. that seems reasonable to me. is he going to do it? will the republicans come back with their own counter offer? >> well, certainly larry those are elements of a long-term approach to our enormous debt. it's a crushing debt. it hams our vulnerability across the world. i think we should look very seriously yet again and the speaker's mentioned it at the 2010 health law, affordable care act. that is a massive cost weight on the american people. it is a deeply unpopular issu
right now. there's no point in blasting obama. just a counter offer. i want to read from today's newspaper. this is what mitch mcconnell said. "higher medicare premiums for the wealthy, an increase in the medicare eligibility age, and a slowing of costs of living increases for programs like social security. and then republicans would agree to include more tax revenue in the deal but not from higher tax rates." now, let's just look at this for a second. we'll go to you first, nan. he...
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longer term, tim pact will weigh on the obama administration if the economy doesn't recover. >> all right. many thanks, scott rasmussen, appreciate it very much. >> thanks. >>> with just 26 days until we fall off the tax and fiscal cliff, two dozen house republicans have apparently defected from the boehner plan and signed a bipartisan letter with democrats. people are now asking is there a fallback position for the gop? well, here now to tell us is house majority whip california republican kevin mccarthy, the number three man. mr. mccarthy, as always, thank you for coming back on the show. can i get your comment on this letter, two dozen republicans, they're talking about tax rate flexibility along with a bunch of democrats. what's your take, sir? >> well, remember what they're saying here. what they're saying is that they're going to put everything on to the table. what we've been talking about for so long is where the president has been awol, this is a spending issue that we have a real problem with. we agree that we'll provide revenue, but we do not want to hurt a pro growth economy h
longer term, tim pact will weigh on the obama administration if the economy doesn't recover. >> all right. many thanks, scott rasmussen, appreciate it very much. >> thanks. >>> with just 26 days until we fall off the tax and fiscal cliff, two dozen house republicans have apparently defected from the boehner plan and signed a bipartisan letter with democrats. people are now asking is there a fallback position for the gop? well, here now to tell us is house majority whip...
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but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility with higher -- here's what the president said earlier today. >> i'm not going to sign any package that somehow prevent prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> we look back republican senator rand paul from the state of kentucky. senator paul, welcome, as always. i want to ask you about the fiscal cliff, the state of play. there's revenues on the table. there's tax rate increases on the table. i don't know if there's spendi
but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility...
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that's right, folks. facebook this month has contributed about one-quarter of the nasdaq's point gain for the month. maybe it is finally found a bottom. back to you guys. >> bertha, thank you. >>> tomorrow president obama visits the hatfield, pennsylvania family of tinker toys, angry birds stuff to discuss middle class tax cuts and the dangers of the fiscal cliff. it is a factory i toured as part of our "how i made my millions" series earlier this year. what is this called? >> just a hopper. >> reporter: intricate creations constructed with a plastic product called k'nex, a build it yourself toy invented by this big kid, joel blickman at the age of 50. >> i really built k'nex for myself. >> reporter: he was so convinced everyone would clamor for the toy, he pitched it to mattel and hasbro. >> what ends up turning out was that none of the toy companies wanted it. >> how do you overcome the rejection? >> you get annoyed, which i did. and decide well, we'll do it ourselves. if they're that dumb, what they kn
that's right, folks. facebook this month has contributed about one-quarter of the nasdaq's point gain for the month. maybe it is finally found a bottom. back to you guys. >> bertha, thank you. >>> tomorrow president obama visits the hatfield, pennsylvania family of tinker toys, angry birds stuff to discuss middle class tax cuts and the dangers of the fiscal cliff. it is a factory i toured as part of our "how i made my millions" series earlier this year. what is this...
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. >> all right. thanks for that. that's the latest. meanwhile president obama and michelle obama paid tribute to this year's recipients of the kennedy honors. they're recognized for contributions to the arts. >> when the brits in additionally kept their distance, led zeppelin grabbed america from the opening. we were ready for what jimmy called songs with a lot of light and shape. it's been said that a generation of young people survived teenage angst with a pair of head phones and a zeppelin album and a generation of parents wondered what all that noise was about. >>> in the united states today, november ism manufacturing index out at 10:00 eastern. forecast for a reading of 51. also october construction spending. expected to rise half a percent. and james bullard speaks about the monetary policy at 1:40 p.m. a pretty light day for earnings. look for results from pep boys. they are after the close. as far as u.s. futures are concerned right now, we are implied for an upward start. s&p 500 called up 1.5 points, nasdaq 20. dow has been
. >> all right. thanks for that. that's the latest. meanwhile president obama and michelle obama paid tribute to this year's recipients of the kennedy honors. they're recognized for contributions to the arts. >> when the brits in additionally kept their distance, led zeppelin grabbed america from the opening. we were ready for what jimmy called songs with a lot of light and shape. it's been said that a generation of young people survived teenage angst with a pair of head phones and...
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economy. >> so right. does this come down to political opinion? is that going to be the sway factor? and if so, where is the political opinion? who gets that vote? >> polls in the united states show that raising taxes on the wealthy is an attractive proposition, a popular proposition. this might come down to december 28th or december 29th, december 30th where both sides are still locked in their corners and one side has to give. now, president obama ran his campaign on raising income rates, raising marginal income tax rates on americans. so he's perceived to have the upper hand in this debate. there's no question about that. john boehner is really the only republican power in town. so a lot of people think that he's going to have to move toward the president. right now, he's showing absolutely no signs of that. but public opinion is definitely in the president's side. >> the president seems to be counting on here that if no deal is reached, the gop will get the blame from voters. is that the right calculat
economy. >> so right. does this come down to political opinion? is that going to be the sway factor? and if so, where is the political opinion? who gets that vote? >> polls in the united states show that raising taxes on the wealthy is an attractive proposition, a popular proposition. this might come down to december 28th or december 29th, december 30th where both sides are still locked in their corners and one side has to give. now, president obama ran his campaign on raising...
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[ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> europe follows asia higher. president obama and congressional leaders making positive commentses about the likelihood they'll strike a deal to avoid the fiscal cliff. mining giant rio tinto plans to reign in spending by $7 billion, but still promises to beef up iron ore output. uk banks bracing for possible new rules. and hitting the jackpot, the search is on for the lucky winners of the power ball lockry as two tickets matched all the the numbers. >>> look at the yields falling to 5.22 and 4.5% respectively. italy was town break the 4.5% mark earlier. euro-dollar is rebounding. dollar-yen also moving higher. aussie dollar was an underperformer. gold prices have stabilized. what did the volatile prices mean? we're joined by scott evans. scott, welcome. the extra ordinary move yesterday in gold wasn't so much the decline as the nature of it. we saw a sharp falloff in gold and other commodities. b
[ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> europe follows asia higher. president obama and congressional leaders making positive commentses about the likelihood they'll strike a deal to avoid the fiscal cliff. mining giant rio tinto plans to reign in spending by $7 billion, but still promises to beef up iron ore output. uk banks bracing for possible new rules. and hitting the jackpot,...
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i think it's time right now for president obama to show the american people his full balanced plan. we haven't seen it. democrats haven't passed a budget in over three years. there's not one democrat that has voted for a plan yet. until republicans see the plan from the president, from democrats, it's very difficult for us to be compromising if anything. right now we're just negotiating with ourselves. that's really a pretty bad negotiating strategy. we should stop doing that, we should be talking about not playing brinkmanship. what we should do is extend all the current rates permanently. that would return certainty to the economy. it would restore confidence. and that's probably the biggest thing we need to do to grow our economy. let's quit having these fiscal cliffs. and let's not be threatening government shut downs. let's sit down in a good faith effort and that's what president obama is not doing. he's back on the campaign trail which will is unfortunate. he should be in washington here sitting down in a good faith effort to try and grow the economy. because that's ten times
i think it's time right now for president obama to show the american people his full balanced plan. we haven't seen it. democrats haven't passed a budget in over three years. there's not one democrat that has voted for a plan yet. until republicans see the plan from the president, from democrats, it's very difficult for us to be compromising if anything. right now we're just negotiating with ourselves. that's really a pretty bad negotiating strategy. we should stop doing that, we should be...
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would not -- wouldn't you address the spending -- wouldn't you address the spending side of -- >> right. >> -- and, you know, the republicans are trying to criticize the obama proposals by saying you're not cutting spending, you're not coming to us on entitlements, but it's falling flat. no one's really listening and the white house has controlled the debate that it's all about the upper 2%. the first thing in texas you do is shrink the size of government, wouldn't you? >> well, we did that. we faced a substantial budget shortfall. we have a constitutional amendment that requires us to have a balanced budget, which frankly america needs that. >> i don't know what would happen. >> most states have that. >> the states that are -- i would suggest to you the states that are doing better economically have a constitutional amendment that requires them to balance their budget. so, we had to deal with that in the early 2000s. and interestingly, it was the first time since the 19th century, since back about 1870, that there were all republicans, republican speaker, republican house, republican l
would not -- wouldn't you address the spending -- wouldn't you address the spending side of -- >> right. >> -- and, you know, the republicans are trying to criticize the obama proposals by saying you're not cutting spending, you're not coming to us on entitlements, but it's falling flat. no one's really listening and the white house has controlled the debate that it's all about the upper 2%. the first thing in texas you do is shrink the size of government, wouldn't you? >>...
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i asked the mayors, they said we went to business and said, what do you need to make this right? and i wish the obama administration would -- >> indiana and illinois. >> the key thing for business competitivene competitiveness with regard to health care, it's the slowest on record. now, you could -- >> it's the recession. >> it could be. >> the slow growth -- >> that wouldn't explain all of it. it does feel like -- of course we need more data points. >> it sharply outpaces inflation. >> not in the last two years. >> it's come down. >> not if you are somebody who is at a small company who is -- >> business is -- the most important there is the growth in the cost of health care. if this is helping to bend the cost curve -- >> if you talk to small businesses, they are looking at double digit increases. the tale of two worlds here. >> people that are 45 -- >> talk to any business person, they're adjusting and the health care industry's adjusting. >> we've got to go. >> we should have a longer conversation on this. >> yes, absolutely. >>> coming up, more data still ahead. we'll get th
i asked the mayors, they said we went to business and said, what do you need to make this right? and i wish the obama administration would -- >> indiana and illinois. >> the key thing for business competitivene competitiveness with regard to health care, it's the slowest on record. now, you could -- >> it's the recession. >> it could be. >> the slow growth -- >> that wouldn't explain all of it. it does feel like -- of course we need more data points. >>...
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he's absolutely right about that. but we heard early this evening that the president and speaker boehner did speak late today on the phone, so that's good news, but in this case, they need face time. they need to spend real time face to face. even democrats think the president needs to do more in person work on this. >> the president is not somebody who he's prioritizing evenings with his family instead of going down and having a bourbon on the rocks with some of the congressional folks. >> sometimes though, you need to do to bourbon like when the country needs you. bourbon, beer, wine, whatever, after a couple of drinks, the president and boehner could you know, pull a simpson. >> the lasso again, then the horse. the cowboys ride. the cowboys. >> that's the special beer that you would drink to get you to dance the gangnam style. president obama and john boehner did the gangnam style, your approval ratings might go up. "outfront" tonight, tom mcclintock of the budget committee. thank you for taking the time. we just s
he's absolutely right about that. but we heard early this evening that the president and speaker boehner did speak late today on the phone, so that's good news, but in this case, they need face time. they need to spend real time face to face. even democrats think the president needs to do more in person work on this. >> the president is not somebody who he's prioritizing evenings with his family instead of going down and having a bourbon on the rocks with some of the congressional folks....
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. >>> let's turn right to zoraida sambolin. she's got a look at the rest of the day's top stories. >> good morning to you. breaking the ice, president obama and john byron finally discussing the fiscal cliff. they talked by telephone yesterday. with just 26 days remaining to get a deal done, there are signs of compromise on the republican side. oklahoma's republican senator tom coburn a leading conservative saying he is okay with raising taxes on the wealthiest 2% of americans. in a few moments, soledad o'brien will talk with oregon senator is jeff merkley. he sits on the budget committee. >>> naeem davis now charged with murder for allegedly pushing a man off a new york city subway platform. davis was arraigned last night on a second-degree murder charge. police say he pushed 50-year-old ki-suk han on to the tracks and into the path of an oncoming subway train. >>> internet security pioneer john mcafee could be deported to belize as early as today. guatemalan officials detained mcafee yesterday. they accuse him of entering the
. >>> let's turn right to zoraida sambolin. she's got a look at the rest of the day's top stories. >> good morning to you. breaking the ice, president obama and john byron finally discussing the fiscal cliff. they talked by telephone yesterday. with just 26 days remaining to get a deal done, there are signs of compromise on the republican side. oklahoma's republican senator tom coburn a leading conservative saying he is okay with raising taxes on the wealthiest 2% of americans....
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i think that president obama's right about this. but i think compromise is going to be necessary to achieve some result. >> let me bring in abbe. your father is known as a moderate republican and a good dealmaker, a man who used to negotiate. what do you make of this? and what does he make of this? >> i think morale is so low right now. the country's so divided. especially for my generation. we're the ones that are going to be handed down the $60 trillion deficit. they will come to a deal. but right now, it's political theater. and it's probably going to look like the simpson-bowles. that will come full-circle again. >> here's a problem the republicans have got themselves into. is obama has been very clever here, the president. i think what he's done is skillfully said to the public, if he goes over the fiscal cliff, the republicans are prepared to make the entire middle class to pay more tax to save 2% of the wealthiest americans paying a little bit more. and that's a very bad position for the republicans to find themselves in, isn
i think that president obama's right about this. but i think compromise is going to be necessary to achieve some result. >> let me bring in abbe. your father is known as a moderate republican and a good dealmaker, a man who used to negotiate. what do you make of this? and what does he make of this? >> i think morale is so low right now. the country's so divided. especially for my generation. we're the ones that are going to be handed down the $60 trillion deficit. they will come to...
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is dead on right. he was -- he and his team were masters at social media in getting elected. and using social media to spread his message in nontraditional ways, ways that will be traditional in every election going forward. so, he knows what he's doing. and, by the way, i think his particular message this time looks like it's achieving success, carol. 65% of americans are very comfortable with raising taxes on the top 2%. so he knows what he wants and he's got people behind him. >> so why aren't republicans bending? eric cantore came out yesterday and said president obama was obsessd with higher taxes and his obsession would have to go away before any deal is made. if the majority of americans feel comfortable with raising taxes on the wealthiest americans, don't republicans have to bend? >> well, look, first, i think eric cantore is right. i am taken aback at how dedicated president obama is about raising taxes on just 2% of our population, showing amazing amount of resolve to raise taxes on a group
is dead on right. he was -- he and his team were masters at social media in getting elected. and using social media to spread his message in nontraditional ways, ways that will be traditional in every election going forward. so, he knows what he's doing. and, by the way, i think his particular message this time looks like it's achieving success, carol. 65% of americans are very comfortable with raising taxes on the top 2%. so he knows what he wants and he's got people behind him. >> so...
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. >> they didn't have control of their parties basically right? does john boehner have more control? >> they think obama can get anything through the house of representatives. but everything that has happened since the election all of the moves in the republican caucus have been about boehner consolidating control over that tea party caucus that didn't allow boehner to get a deal in 2011. >> there will be some criticism about it being two people at the table. will they get a deal done? >> i think there's some criticism from republicans about secret negotiations. i hate to break to to people in washington, but all negotiations over policy are secret in washington. that's how legislation gets done. you have to be in a room with negotiators to cut a deal. i wouldn't fret. >> they get criticized for not talking to each other and criticized for how to talk to each other. king maker, leaving before his term is up. says he could be more effective outside of the senate. what are they making of this in washington? >> a lot of people say the allure of a thi
. >> they didn't have control of their parties basically right? does john boehner have more control? >> they think obama can get anything through the house of representatives. but everything that has happened since the election all of the moves in the republican caucus have been about boehner consolidating control over that tea party caucus that didn't allow boehner to get a deal in 2011. >> there will be some criticism about it being two people at the table. will they get a...
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president obama knows that. most of the members of congress know that. there are a small group of people, i think primarily on the right, that don't understand that we're not just going to do this by cutting and cutting and cutting. we're going to have to invest and we're going to have to make sure that we have revenues and so, yes, there are people that are upset about that. i respect that. the problem is that democrats just talk with democrats and republicans with republicans. we need to talk together. we need to reach across the aisle and we need to work together in the nation's best interest. that's what is broken with politics right now. too many people polarized and too many people addicted to their ideologies and not working together in the way that we should. >> it looks like 72% of americans when polled say they want compromise no matter what they voted for and no matter what they said when they were electing their officials. i could go on all day about this. i have a whole menu of things i would like to ask you about. the port strike. you helpe
president obama knows that. most of the members of congress know that. there are a small group of people, i think primarily on the right, that don't understand that we're not just going to do this by cutting and cutting and cutting. we're going to have to invest and we're going to have to make sure that we have revenues and so, yes, there are people that are upset about that. i respect that. the problem is that democrats just talk with democrats and republicans with republicans. we need to talk...
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president obama, house speaker john boehner breaking the ice. >> that's good news, right? >> the two leaders discussing the fiscal cliff by telephone yesterday. no word of significant progress with just 26 days remaining to get a deal done. but there are signs of compromise. oak e oklahoma's republican senator breaking ranks, saying he's okay with raising taxes on the rich. >>> two seizures off the coast of the dominican republic last month, authorities recovering more than 50 bails of coke. it is weighing close to two tons. the drugs had a street value of $45 million. it will now be destroyed. >> are you losing your keys or misplacing your wallet. >> yes. >> there may be a quarter-sized blue tooth enabled button to communicate with a smart phone. >> sneakers, that's hysterical. >> the app will have a radar feature if they're getting warmer or colder. >> my blackberry charger. that's what i need it for. >> it just has to tell you where it is. >>> a sticky situation on a highway. in new hampshire, a tractor-trailer loaded with a cargo of maple syrup overturned on the inters
president obama, house speaker john boehner breaking the ice. >> that's good news, right? >> the two leaders discussing the fiscal cliff by telephone yesterday. no word of significant progress with just 26 days remaining to get a deal done. but there are signs of compromise. oak e oklahoma's republican senator breaking ranks, saying he's okay with raising taxes on the rich. >>> two seizures off the coast of the dominican republic last month, authorities recovering more than...
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and find the aarp medicare supplement plan that may be right for you. >>> finally, president obama and house speaker john boehner broke their silence today, they actually spoke on the phone. >> not much came of it, and they are not any closer to coming to an negotiation. the administration is ready to go off the cliff if is comes to that. so let's talk about the politics involved with paul bigala. hello, gentleman, paul, you have the treasury secretary saying today they're absolutely prepared to go over the cliff if it comes to that if the republicans don't give on raising tax rates, isn't that a pretty politically risky game? >> frankly i think it's real. the president campaigned. the sticking point is the race. they say upper incomes should pay -- the president says he will veto it, and i'm quite sure he does. he said i'm not going to budge, period, and republicans will, you watch. it may be after we go off the cliff, i hope not. >> doesn't it come back to bite the president? >> i think not if you look at the polling today, but he's going to do it. the republicans will have to move o
and find the aarp medicare supplement plan that may be right for you. >>> finally, president obama and house speaker john boehner broke their silence today, they actually spoke on the phone. >> not much came of it, and they are not any closer to coming to an negotiation. the administration is ready to go off the cliff if is comes to that. so let's talk about the politics involved with paul bigala. hello, gentleman, paul, you have the treasury secretary saying today they're...
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i hope, obama, if you're listening right now, you have compassion for everybody out here. >> reporter: recognition, even on this day, their new right fragile and uncertain. now, it it may get a little more certain in days to come. colorado before january 5th is supposed to approve, and the governor is going to sign off on their initiative legalizing marijuana there as well. they're slightly different but mainly the same in the way they treat it, and most proponents feel that once two states do it, the cat is out of bag, and you're going to see many states rushing into the marijuana game. wolf? >> thanks very much, miguel. let's go right over to the white house. the president and first family are getting ready to light the white house christmas tree. let's listen in. >> happy holidays to you, mr. president. >> is it time? >> i think it's time. >> i think it's time. >> for the big button. let's count it down, everyone. >> i hope everybody's ready. we've got to do the countdown. starting with five. five. four. three. two. one. ♪ ♪ >> merry christmas, everybody. ♪ >> nice moment eve
i hope, obama, if you're listening right now, you have compassion for everybody out here. >> reporter: recognition, even on this day, their new right fragile and uncertain. now, it it may get a little more certain in days to come. colorado before january 5th is supposed to approve, and the governor is going to sign off on their initiative legalizing marijuana there as well. they're slightly different but mainly the same in the way they treat it, and most proponents feel that once two...
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lest you think this is all public posturing while there are back room deals being hammered out right now, congressional aides say that is simply not happening. in fact, even when president obama and house speaker john boehner were in the same room together like they were last night at the white house holiday reception for congress members, they didn't even speak. the president was asked about that today. >> speaker boehner was here at the white house last night for a christmas party. the two of you didn't even speak. what's it going to take to get the two of you in a room to hash this out? >> well, speaker boehner and i speak frequently, and i think the issue right now -- >> when? when will the two of you sit down in a room? >> you know, i don't think that the issue right now has to do with sitting in a room. >> as i mentioned, the american people want the people they elected to sit down together, work it out. a new gallup poll shows 62% want government leaders to compromise on the fiscal cliff. just 25% said they should stick to their principles. so why is it that this congress and
lest you think this is all public posturing while there are back room deals being hammered out right now, congressional aides say that is simply not happening. in fact, even when president obama and house speaker john boehner were in the same room together like they were last night at the white house holiday reception for congress members, they didn't even speak. the president was asked about that today. >> speaker boehner was here at the white house last night for a christmas party. the...
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not yet. >> well, president obama, or as mr. norquist refers to him, obama -- president obama has done something mr. norquist has never done in his life and that's get people to vote for him. so i would also remind mr. norquist who conveniently forgets that president clinton raised taxes on the wealthy and created 22 million jobs. president bush cut taxes on the wealthy and created 1 million jobs. so his economic expertise is a little behind here. but the truth of the matter is, everybody voted in this election, the president said he would raise taxes on people earning over $250,000. that's what he's going to do. that's what's going to happen. he has the authority of an election behind him. running for office is a difficult thing to do, and the people that win the elections have a lot more moral authority in a democracy than people who talk about elections. >> ryan, that does seem to be the point. republicans may not like it, but that wasn't what this election said american people want. the majority of them. >> i think it's cert
not yet. >> well, president obama, or as mr. norquist refers to him, obama -- president obama has done something mr. norquist has never done in his life and that's get people to vote for him. so i would also remind mr. norquist who conveniently forgets that president clinton raised taxes on the wealthy and created 22 million jobs. president bush cut taxes on the wealthy and created 1 million jobs. so his economic expertise is a little behind here. but the truth of the matter is, everybody...
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we're going to hear much more about this on the other side of the break and we'll be right back. >>> just moments ago, john boehner spoke to reporters and said he made an offer. part of the negotiations to avoid that fiscal cliff, he made that offer to president obama that includes $800 billion in tax revenue. he wants to overhaul the entire tax code, close loopholes, things like that. he's waiting for a response from the president. listen to what he said. >> you know, this week we made a got faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and it included additional revenue. and, frankly, it was the balanced approach that the president has been asking for. now we need a response from the white house. we can't sit here and negotiate with ourselves. >> okay. let's talk about that response from the white house. dan loatthian has been covering that story for us. will it be forthcoming? >> reporter: they did get that offer and the response from the white house was, quote, magic beings and fairy dust. that's how he feels about that. you
we're going to hear much more about this on the other side of the break and we'll be right back. >>> just moments ago, john boehner spoke to reporters and said he made an offer. part of the negotiations to avoid that fiscal cliff, he made that offer to president obama that includes $800 billion in tax revenue. he wants to overhaul the entire tax code, close loopholes, things like that. he's waiting for a response from the president. listen to what he said. >> you know, this week...
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, president obama putting his foot down. he says no tax hikes for the wealthy, no deal. america hits that fiscal cliff in 27 days and that means tax hikes and deep spending cuts if the democrats and the republicans can't come together in some kind of a deal and with just ten days remaining until congress is scheduled to go home for the holidays, the clock ticking. here's what he told bloomberg news. listen. >> we're going to have to see the rates on the top 2% go up and we're not going to be able it to get a deal without it. >> we start this morning with white house correspondent dan lothian, he's in washington, d.c. okay. so who's got the ball in their court at this point then, dan? >> well, you know, i think the house gop, they have presented their counteroffer which white house spokesman jay carney is referring to as, quote, magic beans and fairy dust. we expect that house republicans will keep putting pressure on the white house to engage, push for more details on what the white house will accept when it comes to additio
, president obama putting his foot down. he says no tax hikes for the wealthy, no deal. america hits that fiscal cliff in 27 days and that means tax hikes and deep spending cuts if the democrats and the republicans can't come together in some kind of a deal and with just ten days remaining until congress is scheduled to go home for the holidays, the clock ticking. here's what he told bloomberg news. listen. >> we're going to have to see the rates on the top 2% go up and we're not going to...
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. >>> priority number one right now for president obama is reaching a deal on the fiscal cliff. just 31 days left until we hit those automatic spending cuts and tax increases, if negotiations break down. here is what president obama had to say in his weekly radio address. >> both parties say we should keep middle class taxes low. the senate has already passed a bill to keep income taxes from beginning up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans onboard, i'll sign this bill as soon as congress sends it may way. but it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the wealthiest americans. >> in the republican response, senator orrin hatch takes that hostage met foaphor one step further. >> unfortunately, some on the other side of the aisle are proposing a disastrous thelma and louise strategy, putting our already weak economy in further jeopardy. >> president obama says he wants to get a deal done by christ
. >>> priority number one right now for president obama is reaching a deal on the fiscal cliff. just 31 days left until we hit those automatic spending cuts and tax increases, if negotiations break down. here is what president obama had to say in his weekly radio address. >> both parties say we should keep middle class taxes low. the senate has already passed a bill to keep income taxes from beginning up on middle class families. democrats in the house are ready to do the same...
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this is going to have to be a bipartisan solution. >> all right. you mentioned mitt romney in his grave. let's see if he becomes resurrected. you never know. there might be another life for him. we'll see. thank you, anna. good to see you, as always. >>> suspected serial killer israel keys crisscrossed the country undetected for more than ten years. the fbi says he admitted to the crimes, but they still don't know who all his victims were. we got the search tore answers, plus new surveillance video of keys before he died while in custody. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans,
this is going to have to be a bipartisan solution. >> all right. you mentioned mitt romney in his grave. let's see if he becomes resurrected. you never know. there might be another life for him. we'll see. thank you, anna. good to see you, as always. >>> suspected serial killer israel keys crisscrossed the country undetected for more than ten years. the fbi says he admitted to the crimes, but they still don't know who all his victims were. we got the search tore answers, plus new...
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>>> "outfront" next, president obama visited a toy factory today. and while everyone in washington is acting rather childish about the fiscal cliff, this is not child's play. u days left and susan rice facing new skrcrutiny today fro democrats. this time about her personal investments and the number of drones has surged. the newest versions though, pretty incredible. they look like a cheetah and a fish. let's go "outfront." >>> good evening, everyone. i'm erin burnett. "outfront" tonight, a washington stop playing battleship. yes. battleship. we went out and bought it because we wanted to remind you, the kids game where the goal is, i'll read it, can you sink your opponent's fleet before your opponent sinks yours? pretty perfect. this fiscal cliff though is not child's play. it's just 33 days away and today, president obama's visit to a toy factory in pennsylvania had everyone acting a bit childish. >> i've been keeping my own naughty and nice lists. >> we're not interesting in playing. >> i wasn't going to have him building roller coasters all day
>>> "outfront" next, president obama visited a toy factory today. and while everyone in washington is acting rather childish about the fiscal cliff, this is not child's play. u days left and susan rice facing new skrcrutiny today fro democrats. this time about her personal investments and the number of drones has surged. the newest versions though, pretty incredible. they look like a cheetah and a fish. let's go "outfront." >>> good evening, everyone. i'm...
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but tom cole urged republicans to take the obama deal right now. here is the clip quickly. >> my view, we all agree that we're not going to raise taxes on people that make less than $250,000, we should take them out of this discussion right now, and continue to fight against any rate increases and continue to work honestly for a better deal. >> that's what the president wants, extend them for everyone under $250,000. i'm curious what you think. do you think that someone like cornyn, someone like boehner is the right leader for the party, or someone more like what cole is saying? >> there is a strategy to putting together a deal and that goes for, in washington, d.c. or, you know, in your private life. and that is you don't give the other side everything they want and then negotiate the rest of the deal. that's sort of a problem. you have things that they want, things that you want and you have to sort of bring them together and force people to give things that they don't want in order to get the things that they do. and when you give the folks the
but tom cole urged republicans to take the obama deal right now. here is the clip quickly. >> my view, we all agree that we're not going to raise taxes on people that make less than $250,000, we should take them out of this discussion right now, and continue to fight against any rate increases and continue to work honestly for a better deal. >> that's what the president wants, extend them for everyone under $250,000. i'm curious what you think. do you think that someone like cornyn,...
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are you listening, lawmakers and president obama? facebook.com/car facebook.com/carolcnn if you would like to continue the conversation. thanks for the responses. i appreciate them. i appreciate you for watching us this morning. i'm carol costello. "cnn newsroom" continues right now with ashleigh banfield. >> thanks so much, carol. hi, everyone. i'm ashleigh banfield. it's 11:00 on the east coast. 8:00 on the west coast. how does this sound to you? >> me and my friends here, we met across the street and we smoking weed and we're on our feet and ain't handcuffed and ain't worried about the boys. i got the toys fired up. >> fired up. talk about fired up. for thousands of people in seattle and all across washington state, this day could not come soon enough. it is day one of legal recreational marijuana use. courtesy of the voters who passed a landmark referendum last month. from this day forward, if you are old enough to drink, you can consume as much as one ounce of pot in washington state but you still can't grow it and you still can
are you listening, lawmakers and president obama? facebook.com/car facebook.com/carolcnn if you would like to continue the conversation. thanks for the responses. i appreciate them. i appreciate you for watching us this morning. i'm carol costello. "cnn newsroom" continues right now with ashleigh banfield. >> thanks so much, carol. hi, everyone. i'm ashleigh banfield. it's 11:00 on the east coast. 8:00 on the west coast. how does this sound to you? >> me and my friends...
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we're in dire straits right now as far as hope. i believe obama and mr. biden, vice president, give the people in that desperational need that hope. >> you've had times in your life where you've had absolutely nothing, no money, no hope, nothing. you've had times in your life when you've had hundreds of millions of dollars, then you lost it, now you're getting back there again. tell me about what the difference is, psychologically, when you have nothing, when you have money. where is real happiness throughout that process? >> real -- from my perspective, i can only tell you as you're asking me, from my ordeals in life and challenges, it all comes from the inside. i never had any happiness, that's how come i was chaotic. i was addicted to chaos. i was looking for happiness on the outside somewhere and it really doesn't exist out there. so it has to be within. it's mostly an inside job. i learned all this stuff when i went to my rehab, my rehab stint, i got involved in the recovery program, and i realized that this is what happiness is, what we make out of
we're in dire straits right now as far as hope. i believe obama and mr. biden, vice president, give the people in that desperational need that hope. >> you've had times in your life where you've had absolutely nothing, no money, no hope, nothing. you've had times in your life when you've had hundreds of millions of dollars, then you lost it, now you're getting back there again. tell me about what the difference is, psychologically, when you have nothing, when you have money. where is real...
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the obama administration draws a line in the sand over tax hikes. the two sides now seem further apart than ever before. and we have less than a month to go. >>> soledad, a flood of trouble in the west. widespread destruction as storms pound already soggy parts of northern california. >> lots to talk about this morning. we'll have joe linta, the agent for kansas city chiefs linebacker jovan belcher. also talking to florida republican congressman connie mack. california republican mary bono mack will join us as well. also, carlos gutierrez. former giants runningback tiki barber is with us in the studio. it's monday, december 3rd, and "starting point" begins right now. welcome, everybody. our team joining us around the table. barbara starr, cnn's pentagon correspondent. we were talking this morning, it has been literally four years since we've seen each other in person. >> last time i saw you was inauguration day. >> we talk all the time. in person, four years. kamau bell is a median. new york congresswoman nan hayworth. alina cho sticking around to h
the obama administration draws a line in the sand over tax hikes. the two sides now seem further apart than ever before. and we have less than a month to go. >>> soledad, a flood of trouble in the west. widespread destruction as storms pound already soggy parts of northern california. >> lots to talk about this morning. we'll have joe linta, the agent for kansas city chiefs linebacker jovan belcher. also talking to florida republican congressman connie mack. california republican...
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not only, and thank you, erin, for getting some of this math right. the president said 2.5 for every tax increase and yesterday he came up with $4 of new taxes for every dollar of spending cuts. that's when john boehner simply said we're nowhere. >> ethan, don't the republicans if they want to break this stalemate, maybe what the president's doing is saying these are the cuts i want to make, so guys, why don't you come up with the rest? >> i don't think that's really a fair criticism. republicans have passed the budget that paul ryan put together. now, you may not agree with that budget, but it does outline specific cuts. republicans are on the record for those and would probably say here's our list of cuts, mr. president. where's your list? >> the president has other things he may not have included. ethan, so the republicans say fine, take it from paul ryan's budget. but don't they owe him a list? >> they do. and they haven't really provided one. there's a great article in politico yesterday. they talked about how democrats, the president's come forw
not only, and thank you, erin, for getting some of this math right. the president said 2.5 for every tax increase and yesterday he came up with $4 of new taxes for every dollar of spending cuts. that's when john boehner simply said we're nowhere. >> ethan, don't the republicans if they want to break this stalemate, maybe what the president's doing is saying these are the cuts i want to make, so guys, why don't you come up with the rest? >> i don't think that's really a fair...